Amazon and Facebook have been sent tax bills from French authorities as the transatlantic dispute between European countries and the United States over how much Big Tech firms are taxed is set to worsen. France’s tax authorities have sent notices demanding millions of euros from Amazon and Facebook for 2020, according to a report in the Financial Times, as part of the country’s commitment to...
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Musk Puts $20 Billion Value on Twitter
Elon Musk offered Twitter employees stock grants at a valuation of roughly $20 billion, said a person familiar with an email Musk sent to staff, less than half what he paid to buy the company. It was a concrete acknowledgment of how much Twitter’s value has dropped since the deal—but it is still well above public market valuation levels for Twitter’s rivals. As Musk has...
Twitter Valued at $20 Billion in New Employee Stock Grant
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